What Accounts for the Difference Between GDP and NDP

question 9

Multiple Choice

What accounts for the difference between GDP and NDP?

• A)inventory changes
• B)depreciation
• C)undistributed corporate profits
• D)transfer payments
• E)business taxes

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Definitions:

Growth Stage

refers to a phase in the life cycle of a business or product characterized by rapid revenue and customer base expansion.

Existence

The state or fact of living or having objective reality.

Initial

Pertaining to the beginning, first, or early stages of a process or series.

Management

The process of planning, organizing, leading, and controlling resources in order to achieve the goals of an organization.